San Diego County Real Estate Market Update - January 2025

The San Diego County real estate market kicked off 2025 with notable activity and trends worth examining. Known for its mix of coastal beauty, urban vitality, and suburban charm, San Diego continues to attract interest from buyers and sellers alike. Let's take a closer look at how the market performed in January 2025 and what it means for the months ahead.

New and Active Listings

January saw 3,160 new listings hitting the market, giving buyers fresh opportunities to find their ideal homes. Whether you're eyeing a modern condo in downtown San Diego or a spacious property in North County, the diverse range of options ensures something for everyone. Active listings totaled 4,260, reflecting a healthy inventory level that offers buyers sufficient variety while still maintaining a degree of competition.

For sellers, this level of inventory presents both opportunities and challenges. While buyers have plenty of choices, proper pricing and standout presentation are crucial to attract attention in a growing pool of available homes.

Pending and Closed Sales

Pending sales reached 1,753 in January, showing continued buyer interest even during the winter months, which often see slower activity. Closed sales came in at 1,482, underscoring a steady pace of completed transactions. These numbers suggest that while the market is active, buyers are taking a more measured approach—likely the result of economic factors influencing decision-making.

Closed Transaction Volume

San Diego County recorded a closed transaction volume of $3,504,313,852 in January. This impressive figure highlights the high value properties typical of the area, further cementing San Diego's position as a highly desirable market for real estate investment. Buyers and sellers alike can expect the region to remain an economic hotspot as both local and out-of-state interest continues to pour in.

Average Days on Market

Homes in January spent an average of 39 days on the market, an uptick from recent months. While this longer timeframe may signal slightly reduced urgency among buyers, it also gives them a chance to explore options and negotiate more effectively. For sellers, this trend emphasizes the importance of patience and aligning pricing with current market conditions to ensure a successful sale.

Median Sales Price

The median sales price for January was $881,750, reflecting the continued strength of property values in San Diego County. While prices remain on the higher end—characteristic of California’s coastal markets—the median price points to a relatively steady environment for buyers and sellers alike. Buyers entering the market should prepare to compete for desirable properties, while sellers should feel confident about the sustained demand for homes in this region.

Market Implications

San Diego County's real estate market in January 2025 offers unique opportunities for both buyers and sellers. The increase in new listings and active inventory gives buyers a wider range of choices, but rising days on market may provide room for negotiation. For sellers, strong closed sales and transaction volume confirm that demand remains high, reinforcing the region's value as a sought-after housing market.

Looking ahead, the combination of elevated inventory, robust pricing, and steady sales activity positions San Diego for a balanced and competitive year in real estate. Buyers who act promptly and work with knowledgeable agents are best equipped to succeed, while sellers who prioritize strategic pricing and attractive home presentation will stand out in this dynamic market.

Whether you're planning to buy your dream home or sell your property in 2025, staying informed about these trends will help you make the most of San Diego County's vibrant real estate market.